FIXER UPPER DUPLEX. Cash-flowing from day one! Future Airbnb potential. No HOA, priced under market value for a quick sale. Calling all Investors: Instant equity with immediate income!
This rare, full-sized duplex at 12517 Hornbeam Drive offers an incredible opportunity to build instant equity while collecting rent. Spanning a massive 3,416… Read More sq. ft. with a highly desirable 6-bedroom, 4-bathroom footprint (ideal 3 bed, 2 bath layout per side), the property is currently tenant-occupied and bringing in $2,900 per month in gross rent.
Priced aggressively for a fast sale, this property boasts massive upside. Collect your immediate income while planning your cosmetic rehab to force appreciation. Whether you are looking to flip for a solid margin (estimated ARV in the high $500s) or hold and bump the current below-market rents to create a lucrative cash-flow machine (projected market rents of $5,000+ per month), the numbers make sense.
Please do not disturb tenants. Showings require 24-hour notice (or showings granted with an accepted offer). No blind offers. Proof of funds required with all offers. Seller will not make any repairs.
Property Highlights:
Immediate Income: Currently generating $2,900 a month, allowing you to cash-flow from day one while you plan your updates.
Massive Footprint: 3,416 sq. ft. of living space offering generously sized rooms and living areas.
Value-Add Canvas: Needs TLC and cosmetic rehab—perfect for forcing appreciation and eventually raising rents to the $5,000+ per month market rate.
Prime Location: Conveniently tucked away while offering immediate access to I-635, US-75, Texas Instruments, and major North Dallas employment hubs.
Properties with this much upside and built-in cash flow do not last long in today’s market. Sold strictly AS-IS. Cash, hard money, or conventional portfolio loans preferred.
Don't miss out on this equity-builder—schedule your showing today! Read Less
Courtesy of Grand Ark LLC, Wister Wong.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Duplex
Beds
6
Full Baths
4
Lot Size
0.3 Acres
Year Built
1977
MLS Number
21378183
Additional Details
Appliances & Equipment
ElectricCooktop, ElectricOven, GasWaterHeater
Building
Built in 1977, Year Built Details: Preowned, 1 building, Levels: One, Construction Materials: Brick, Frame, WoodSiding
Cooling
CentralAir, Electric
Expenses
Insurance: $5,800
Fence
Fenced
Fireplaces
2 fireplaces, LivingRoom
Floors
Carpet, CeramicTile
Foundation
Slab
Garage
4 spaces
Heating
Central
Income
Gross Income: $34,800, Net Operating Income: $18,000
